Huatai Securities
601688.SS
#921
Rank
NZ$36.78 B
Marketcap
$4.34
Share price
0.00%
Change (1 day)
20.18%
Change (1 year)

P/E ratio for Huatai Securities (601688.SS)

P/E ratio as of November 2024 (TTM): 13.6

According to Huatai Securities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6096. At the end of 2022 the company had a P/E ratio of 10.8.

P/E ratio history for Huatai Securities from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.8-10.28%
202112.0-17.53%
202014.6-26.33%
201919.8-19.4%
201824.685.1%
201713.3-34.92%
201620.467.24%
201512.2-58.94%
201429.733.52%
201322.3-32.92%
201233.235.15%
201124.515.65%
201021.2

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.